EQC Stock Financial Analysis - Equity Commonwealth (NYSE) Stock

Overview

Equity Commonwealth, based in the United States, is a real estate investment trust (REIT) primarily engaged in the management and acquisition of commercial office properties. With its strategic focus on urban office markets, the company's portfolio has historically encompassed key properties across major metropolitan areas in the U.S., although its holdings vary with market conditions and strategic refocusing. The trust is known for a conservative capital structure and a focus on maximizing shareholder value through disciplined financial management and strategic asset transactions. Equity Commonwealth's approach typically involves the opportunistic buying and selling of properties to capitalize on market trends, emphasizing both capital appreciation and income generation while maintaining a strong liquidity position.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2024-10-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30

Income Statement: EPS

The earnings per share basic for Equity Commonwealth as of October 31, 2024 is 0.26.
The earnings per share diluted for Equity Commonwealth as of October 31, 2024 is 0.26.

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2024-10-31	0.26	0.26
2024-09-30	0.39	0.38
2024-06-30	0.88	0.86
2024-03-31	0.79	0.78
2023-12-31	0.76	0.75
2023-09-30	0.71	0.70
2023-06-30	0.58	0.57
2023-03-31	0.46	0.46
2022-12-31	0.26	0.26
2022-09-30	0.06	0.06
2022-06-30	-0.07	-0.07
2022-03-31	-0.11	-0.11
2021-12-31	-0.20	-0.20
2021-09-30	-0.20	-0.18
2021-06-30	-0.17	-0.14
2021-03-31	0.07	0.11
2020-12-31	3.64	3.56
2020-09-30	3.78	3.71
2020-06-30	3.97	3.89

Cash Flow: Operations, Investing, Financing

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2024-10-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/e for Equity Commonwealth as of October 31, 2024 is 42.81.
The p/book for Equity Commonwealth as of October 31, 2024 is 0.89.
The p/tbv for Equity Commonwealth as of October 31, 2024 is 0.89.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2024-10-31	42.81	0.89	0.89
2024-09-30	20.80	0.87	0.87
2024-06-30	22.14	0.86	0.86
2024-03-31		0.84	0.84
2023-12-31	23.98	0.87	0.87
2023-09-30	28.16	0.84	0.84
2023-06-30	38.12	0.94	0.94
2023-03-31	60.89	0.80
2022-12-31		0.97	0.97
2022-09-30		0.92	0.92
2022-06-30	-611.07	1.04	1.04
2022-03-31	-194.52	1.04	1.04
2021-12-31	-190.62	0.97	0.97
2021-09-30	-239.08	0.98	0.98
2021-06-30
2021-03-31	198.48	1.01	1.01
2020-12-31	7.24	1.01	1.01
2020-09-30	6.97	1.01	1.01
2020-06-30	6.64	0.89	0.89

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Equity Commonwealth as of October 31, 2024 is 1.46.
The ebit (3y)/ev for Equity Commonwealth as of October 31, 2024 is 1.48.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2024-10-31	1.46	1.48
2024-09-30	1.90	1.27
2024-06-30	2.99	1.58
2024-03-31	-3.93	-1.61
2023-12-31	1.78	0.58
2023-09-30	-6.56	-1.80
2023-06-30	0.26	0.07
2023-03-31	-0.20	-0.09
2022-12-31	0.09	0.94
2022-09-30	-0.00	1.04
2022-06-30	-0.01	0.31
2022-03-31	-0.03	0.46
2021-12-31	-0.06	1.05
2021-09-30	-0.04	0.97
2021-06-30
2021-03-31	0.04	0.79
2020-12-31	1.05	0.94
2020-09-30	804.85	686.28
2020-06-30	-26.69	-22.30

Management Effectiveness

The roa for Equity Commonwealth as of October 31, 2024 is 0.02.
The roe for Equity Commonwealth as of October 31, 2024 is 0.02.
The roic for Equity Commonwealth as of October 31, 2024 is 0.02.
The croic for Equity Commonwealth as of October 31, 2024 is 0.04.
The ocroic for Equity Commonwealth as of October 31, 2024 is 0.05.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2024-10-31	0.02	0.02	0.02	0.04	0.05
2024-09-30	0.04	0.04	0.04	0.02	0.05
2024-06-30	0.04	0.04	0.04	0.02	0.05
2024-03-31	0.03	0.03	0.04	-0.18	0.05
2023-12-31	0.03	0.03	0.04	0.00	0.00
2023-09-30	0.02	0.02	0.03	0.00	0.00
2023-06-30	0.02	0.02	0.03	-0.23	0.04
2023-03-31	0.01	0.01	0.02	-0.25	0.04
2022-12-31	0.00		0.00	0.00	0.01
2022-09-30	-0.00	-0.00	0.01	-0.10	0.01
2022-06-30	-0.00	-0.00	-0.00	-0.09	0.01
2022-03-31	-0.01	-0.01	-0.00	-0.08	0.01
2021-12-31	-0.01	-0.01	-0.01	-0.06	0.00
2021-09-30	-0.00	-0.00	-0.01	-0.14	0.00
2021-06-30	-0.00	-0.00	-0.00	-0.15	0.00
2021-03-31	0.00	0.00	0.01	-0.12	0.01
2020-12-31	0.14	0.14	0.14	0.06	0.01
2020-09-30	0.13	0.15	0.14	0.06	0.02
2020-06-30	0.13	0.14	0.13	0.07	0.02

Gross Margins

The gross margin for Equity Commonwealth as of October 31, 2024 is 0.54.
The net margin for Equity Commonwealth as of October 31, 2024 is 0.85.
The operating margin for Equity Commonwealth as of October 31, 2024 is -0.31.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2024-10-31	0.54	0.85	-0.31
2024-09-30	0.56	1.71	-0.26
2024-06-30	0.56	1.56	-0.35
2024-03-31	0.55	1.51	-0.35
2023-12-31	0.54	1.40	-0.35
2023-09-30	0.55
2023-06-30	0.57	1.17	-0.35
2023-03-31	0.62	0.95	-0.22
2022-12-31	0.61
2022-09-30	0.61	0.24	-0.16
2022-06-30	0.60	-0.00	-0.18
2022-03-31	0.55	-0.08	-0.19
2021-12-31	0.55	-0.28	-0.40
2021-09-30	0.56	-0.28	-0.41
2021-06-30	0.56	-0.22	-0.36
2021-03-31	0.57	0.27	-0.34
2020-12-31		6.81	-0.23
2020-09-30	0.59	6.05	-0.07
2020-06-30	0.60	5.61	-0.06